Question: a . What was Apple's current ratio? Apple's current ratio was ( Round to two decimal places. ) b . What was Apple's quick ratio?
a What was Apple's current ratio?
Apple's current ratio was Round to two decimal places.
b What was Apple's quick ratio?
Apple's quick ratio was Round to two decimal places.
c In January HewlettPackard had a quick ratio of and a current ratio of What can you say about the asset liquidity of Apple relative to HewlettPackard? Select the best choice below.
A Apple's lower current and quick ratios demonstrate that it has much higher asset liquidity than does HewlettPackard. This means that in a pinch, Apple has more liquidity to draw on th does HewlettPackard.
B Apple's higher current and quick ratios demonstrate that it has much higher asset liquidity than does HewlettPackard. This means that in a pinch, Apple has less liquidity to draw on th does HewlettPackard.
C Apple's higher current and quick ratios demonstrate that it has much higher asset liquidity than does HewlettPackard. This means that in a pinch, Apple has more liquidity to draw on ti does HewlettPackard.
D Apple's higher current and quick ratios demonstrate that it has much lower asset liquidity than does HewlettPackard. This means that in a pinch, Apple has more liquidity to draw on th does HewlettPackard.
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